State Street Target Fund Price on December 30, 2019
SSDYX Fund | USD 14.90 0.19 1.29% |
Below is the normalized historical share price chart for State Street Target extending back to October 01, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of State Street stands at 14.90, as last reported on the 24th of April, with the highest price reaching 14.90 and the lowest price hitting 14.90 during the day.
If you're considering investing in State Mutual Fund, it is important to understand the factors that can impact its price. We consider State Street very steady. State Street Target owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0824, which indicates the fund had a 0.0824% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for State Street Target, which you can use to evaluate the volatility of the fund. Please validate State Street's Coefficient Of Variation of 1058.3, risk adjusted performance of 0.0578, and Semi Deviation of 0.5649 to confirm if the risk estimate we provide is consistent with the expected return of 0.0514%.
State Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
State |
Sharpe Ratio = 0.0824
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Estimated Market Risk
0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average State Street is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of State Street by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About State Street Mutual Fund history
State Street investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for State is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in State Street Target will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing State Street stock prices may prove useful in developing a viable investing in State Street
SSGA Funds Management, Inc. manages the Target Retirement 2060 Fund using a proprietary asset allocation strategy. The fund is a fund of funds that invests in a combination of mutual funds and ETFs sponsored by the Adviser or its affiliates . It is intended for investors expecting to retire around the year 2060 and who are likely to stop making new investments in the fund at that time.
State Street Mutual Fund Technical Analysis
State Street technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
State Street Period Price Range
State Street April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how State Street mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading State Street shares will generate the highest return on investment. By undertsting and applying State Street mutual fund market strength indicators, traders can identify State Street Target entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 14.9 | |||
Day Typical Price | 14.9 | |||
Price Action Indicator | 0.095 | |||
Period Momentum Indicator | 0.19 |
State Street Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for State Street's price direction in advance. Along with the technical and fundamental analysis of State Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of State to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0578 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0521 |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Target. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.